Re: Mobile banking: alarm as fraudsters take over handsets and raid accounts

On 7/14/2024 2:24 AM, Chris wrote:

AJL <noemail@none.com> wrote:

On 7/13/2024 4:20 PM, Chris wrote:
>

Bank apps ask you to set a PIN as an added level of security.
People are lazy and don't want to remember another PIN so use the
same one as the phone lock screen.

>
Depends on the bank app. Mine don't offer pin capability but do
require long passwords using all types of characters.

>
That's sounds like a PITA.

PITA? Not for me. Because I'm one of those paranoid folks who don't keep
any banking (or investment) apps on my phone for security reasons. I
really don't have to do any phone banking while out. And it's easy
enough to save for home.
As far a pin vs password I find passwords easier. That's because I use a
formula for each site. Something like $ + my first employee number +
first 3 letters of site/app name + my second employee number + next 2
letters of the site/app name + the number 13. This is just an example
and it can give me a 15+ character password that I can easily remember
and type in in a just few seconds.
I use the formula for ALL my password requiring sites, sensitive or not.
I let Google remember and insert the non-sensitive ones.
Also I can remember and use my formula for ALL my sites, even at my age.
I doubt I (or most folks) could remember that many DIFFERENT pins...